Penny stock day traders will be honed in on the bid/ask of Green Energy Solution Industries, Inc. (GESI) after today’s late session rally. GESI stock price remained relatively unchanged throughout Wednesday’s session before catapulting from 0.024 to 0.03 within seconds to stage a 30 minute rally before the closing bell. Gordon MacKay, CEO of Green Energy Solution Industries, is scheduled to address shareholders Thursday evening which means volume should be much larger than usual on Friday.
Looking for Hot Penny Stocks? Click here and get Alerts on the Best Penny Stocks FREE.
GESI Stock Chart
a/o Mar 31, 0212
Shares Outstanding 173,756,353
Authorized Shares 490,000,000
Wednesday Trading Stats:
Average Trade Size 22,270
MacKay will be addressing investors via StockTradersTalk.com Radio show on Thursday, July 12, 2012 at 8:00 p.m. EST. The Company stated that his address will include a major announcement of strategic progress for the Company’s business plan advancement. If the announcement is to fluff the stock, Friday is going to be a slaughterhouse sell-off. However, if Thursday’s interview is detailed with highlights of the estimated $50 million in financing the Company lined up with little or no stock dilution, Friday could be a launching pad for GESI Stock but is more likely to be a trampoline when the shares get dumped on the news.
A couple of points he could be addressing are how the expansion of Green Energy Solution Industries’ revenue generation to achieve a projected $9 million CDN from sales of electricity through peak pricing and through direct marketing of the energy by application as well as participation as a direct wholesale market seller of electricity into the Alberta market. Another point could be how the Company’s two introduced funding sources for the provision of the previously announced $45 million dollars being sought for the build out the 200 ton per day energy production facility from waste rail ties in Alberta, Canada is going.
Basically, buy on rumor and get the hell out before 4pm Friday unless you want to chance the weekend and new investors learning that GESI had only $159.54 had in its bank account as of March 31, 2012.
About GESI Stock
Green Energy Solution Industries, Inc. is a project developer for renewable energy projects in Canada. Utilizing in-depth due diligence, GESI has developed business plans, contracts and agreements with resource providers, land owners, waste sources, technology providers, and government entities for the placement of renewable energy projects.
Bottom Line: Have GESI on your list of penny stocks to watch at the open tomorrow. Today’s volume was 4X the 10 Day Average Volume, 569,636, and tomorrow/Friday should be 3-5X today’s volume. Treat GESI like BBDA, buy on rumor, sell on momentum.
Here is your opportunity to subscribe to the Most Exclusive Penny Stock newsletter.
Sign up with your email address now & get ready to make BIG PROFITS on Good Penny Stocks
(We are 100% Anti-Spam and will never rent or sell your information)Share